COMPANES ACT 1963 (ACT 179).doc

COMPANIES ACT 1963 (ACT 179)
Section mencement
Spent.
Section 2-Interpretation
First Sch.
In this Code, unless the context otherwise requires, the expressions defined in the First Schedule hereto shall have the meanings assigned to them in that Schedule.
Section 3-Application of Act
(1) Except where otherwise provided, the provisions of this Code shall apply to panies formed in Ghana, whether before or after mencement of this Code, under the provisions of panies Ordinance, (Cap. 193) or this Code.
(2) Nothing in this Code contained shall affect the validity of anything done before the date when the es into operation.
Ninth Sch.
(3) The provisions of this Code which require or may require immediate action by panies when this es into operation are referred to in the Ninth Schedule to this Code.
Section 4-Application of Particular Chapters of the Code
(1) The provisions of Chapter III of this Code shall apply to panies but not to panies.
(2) The provisions of Chapter IV of this Code shall apply to panies but not to panies.
(3) The provisions of Chapter V of this Code shall not apply panies formed in Ghana.
Section 5-Prohibition of Partnerships Exceeding 20 Members
pany, association or partnership consisting of more than twenty persons shall be formed for the purpose of carrying on any business that has for its object the acquisition of gain by pany, association or partnership, or by the individual members thereof, unless it is registered as pany under this Code or is formed in pursuance of some other enactment for the time being in force.